Lock-in Period of 47,000 Units of Appolo Hydropower Limited Shares Held by Mutual Funds to Expire on Kartik 10
Summary
Appolo Hydropower Limited says the 47,000 ordinary shares allotted to mutual funds will come out of lock-in on Kartik 10, 2083 and become tradable. The company issued the notice to inform investors and other stakeholders.
Key Points
- Appolo Hydropower Limited has announced that the lock-in period for 47,000 ordinary shares allotted to mutual funds will expire on 10 Kartik 2083.
- The shares represent 5% of the company’s 9,40,000 total units and were subject to a mandatory six-month lock-in.
- Once the lock-in ends, the shares will be free to trade from the specified date.
